Financing

Financing

We offer client support in developing the best options to fund the geothermal system and energy improvements, using the energy savings.

Geothermal Innovations will develop a package with state and federal rebates, tax credits, geo-comuunity partnerships and many other financing options.

The largest barrier to major market growth for geothermal systems is the initial cost. The primary cause of this is the installation of the geothermal ground heat exchanger (GHE), or field, which represents over 25% of the system cost. An option for overcoming that barrier is by taking the GHE out of the financial equation for the development. By having the GHE become a separate asset owned by a third party, or within a partnership with the developer, field costs are “recoverable” by a monthly geo-bill and would enable the developer to take advantage of the numerous benefits the GHE represents.

Geothermal Innovations can assist the developer with the field financing portion of a geothermal heating and cooling system. Our overall objective is to eliminate barriers and make geothermal a “plug and play” option for your project. This technology will deliver stable energy costs, eliminate fossil fuel use, reduce greenhouse gas emissions and shrink your overall carbon footprint while concurrently saving significant costs on your heating and cooling bills.